Van Gundy has one year left on his contract, but it's not guaranteed. There's a time frame for him to decide whether to return, and the Rockets can terminate him without owing him any more money after June 30.

Van Gundy has been in Houston four years without winning a playoff series, something the club hasn't done since 1997.

TIP-INS: Heat guard Dwyane Wade had surgery Tuesday on his left shoulder and left knee, and the MVP of last season's NBA Finals might need the remainder of the offseason to fully recover. ... Lakers forward Lamar Odom had shoulder surgery and is expected to be ready for training camp. ... Indiana Pacers assistant coach Johnny Davis interviewed for the team's vacant head coaching position. ... Marvin Barnes, 54, was arrested in Providence, R.I., and charged with cocaine possession.